$2,960,000
MLS: 226002488
Beds
3
Baths
3
Sq Ft
2,397
Lot
2.29 ac
Year Built
1994
MLS #
226002488
Days on Market
21
Listed
May 28, 2026
Description
For the first time in 75 years, a once-in-a-generation offering along the iconic Pacific Coast Highway. 28815 Pacific Coast Highway Set high above the coastline on 2.29 private acres, this legacy property sits at the top of a mountain with commanding, unobstructed 180-degree views of the Pacific Ocean. From this vantage point, you experience what many consider the very best view of the famed Queen's Necklace a sweeping panorama that stretches endlessly along the curve of the coast, sparkling by day and glowing with city lights by night. A long, private driveway creates a true sense of arrival, winding up to the residence and offering complete privacy and separation from the road below. The setting is quiet, elevated, and irreplaceable. The home offers nearly 2,400 square feet of living space with 4 bedrooms and 3 bathrooms. Generous living areas and large windows are oriented toward the view, allowing natural light to pour in and the ocean to become the backdrop of everyday living. Nearly every room captures the drama of the coastline. The 2.29-acre parcel provides both space and opportunity whether you choose to preserve its existing charm or reimagine the property into a modern coastal estate, the foundation here is extraordinary. Mountain-top privacy combined with one of Malibu's most iconic vantage points is something rarely available and almost never with this kind of history. A true generational offering. Elevated. Private. Unmatched.
Location
Malibu, Los Angeles County, CA 90265
Open on Google Maps ↗Listed by: Mark Duban · Pinnacle Estate Properties, Inc.
Payment estimate
$21,279
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $296,000 · Loan: $2,664,000
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,786
- Property tax (1.25%)
- $3,083
- Homeowners insurance
- $300
- Mortgage insurance
- $1,110
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $103,600 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Malibu, CA 90265 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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